A sign stands at a business on the Outer Banks in Avon, N.C., on Aug. 24. Alan Fram/AP
The sign at Whalebone Surf Shop in Nags Head, N.C., asks Irene to go offshore as the hurricane threatened the barrier islands on Aug. 25. Steve Earley/The Virginian-Pilot/AP
A woman carries her baby past a sign on a boarded-up restaurant in Kill Devil Hills, N.C., on Aug. 25. Nicholas Kamm/AFP/Getty Images/Newscom/File
A sign reads 'Ready for Irene' in Frisco on Hatteras Island in the North Carolina Outer Banks on Aug. 25. Nicholas Kamm/AFP/Getty Images/Newscom/File
Contents from a home flooded by Hurricane Irene sit in the front yard with a warning sign in Washingtonville, N.Y., on Aug. 31. Paul Kazdan/AP
Passersby walk by a restaurant with windows boarded up with plywood in preparation for the arrival of Hurricane Irene in Oak Bluffs, Mass., on the island of Martha's Vineyard, on Aug. 27. Steven Senne/AP
A sign announcing a sale on 'I Survived Irene' T-shirts stands in front of a souvenir shop along a deserted street in Nag's Head in the North Carolina Outer Banks on Aug. 26. Nicholas Kamm/AFP/Getty Images/Newscom
A sign is on display at a sandwich shop in Frisco on Hatteras Island in the North Carolina Outer Banks on Aug. 25. Nicholas Kamm/AFP/Getty Images/Newscom
A parody of the song 'Come On Eileen' by Dexy's Midnight Runners is written on a wall near Ocean City, Md., on Aug. 28. Zhang Jun/Newscom
A sign offers hot showers at the Country Animal Hospital to all affected residents in Bethel, Vt., on Aug. 31. Toby Talbot/AP
A man puts up a sign after attaching plywood to windows for protection against the winds at his business in Hoboken, N.J., on Aug. 27. Kena Betancur/Reuters
A new report says the New York metropolitan area, including Long Island and northern New Jersey, could be hit with heavy financial losses in the event of a hurricane making landfall there.
ByBen Berkowitz, Reuters
When people think of hurricane damage they usually think of Miami or New Orleans, but a new report suggests the greatest financial risk of all may be much farther north: the greater New York City area.